HavocAI, a Providence, RI-based company specializing in autonomous uncrewed surface vessel (USV) technology, has raised $11 million in Seed funding.
Investors
The round was led by Scout Ventures, with co-lead Trousdale Ventures and participation from Outlander VC, The Veteran Fund, and others.
Founded in 2009, Scout Ventures is a venture capital firm based in Austin, Texas, investing in frontier and dual-use technologies developed by veterans, intelligence leaders, and top research labs.
Trousdale Ventures, based in West Hollywood, California, was founded in 2018. The firm invests in companies that improve quality of life through innovations in space, mobility, climate tech, and health.
HavocAI Use of Funds
The company will use the funds to expand its production capacity, enhance product development, and accelerate customer acquisition.
About HavocAI
HavocAI is an AI company that develops ultra-low-cost uncrewed surface vessels and software that enable a single operator to command and control thousands of unmanned assets. HavocAI's systems are used in various industries, including maritime security, environmental monitoring, and commercial shipping. . It was founded in 2024 and is based in Providence, Rhode Island.
Funding Details
Company: HavocAI Inc.
Raised: $11.0M
Round: Seed Round
Funding Date: September 2024
Lead Investors: Scout Ventures, Trousdale Ventures
Additional Investors: Outlander VC, The Veteran Fund
Company Website: https://www.havocai.com/
Software Category: Maritime Autonomy Solutions
Source: Phttps://www.prnewswire.com/news-releases/havocai-closes-11m-seed-round-to-revolutionize-autonomous-uncrewed-surface-vessel-operations-302254210.html